BOSTON -- Teradyne, Inc. reported sales of $320.2 million in the second quarter of 2005, up 5% compared to the first quarter of 2005. The company had a net loss in the second quarter of $45.5 million or $0.23 per share, which included $10.2 million in net restructuring and other charges. This compares to a net loss of $52.6 million or $0.27 per share in the previous quarter, which included $10.6 million in net restructuring and other charges. The company's orders for the second quarter were $349 million, up 2% over the first quarter.

"In the second quarter, our FLEX System-On-a-Chip (SOC) semiconductor tester continued to gather momentum, " said Teradyne President and CEO Mike Bradley, "with a broadening of customers and applications driving record orders for the system. The FLEX has now moved on to customer production floors in a wide range of parallel test SOC applications."

In the third quarter, the company's guidance is for sales to be between $350 and $370 million, with a loss per share between $0.08 and $0.15. This guidance includes approximately $17 million, or $0.09 per share, in net restructuring and other charges.

Teradyne Inc.